NOI For Additional Drilling At Santa Fe Mine Project

TORONTO - Lahontan Gold Corp. has submitted an amended Notice of Intent (NOI) to the Federal Bureau of Land Management (BLM) for additional exploration and resource definition drilling at its Santa Fe Mine project located in Nevada's prolific Walker Lane gold belt. The NOI proposes eight additional drill sites from which multiple drill holes can be completed. The amended NOI provides planning flexibility for the upcoming drill program, adding additional sites to those already permitted. The Company expects approval of the NOI shortly.

Kimberly Ann, Executive Chair, President, CEO, and Founder, said, "Lahontan is eager to begin its 2025 exploration and resource definition drilling program at Santa Fe. Our geologic team has identified several areas in the Slab and York resource areas where carefully targeted drilling can add geologic data and also provide material for additional metallurgical test work. The Company expects to mobilize a drill rig soon after we receive approval of the NOI from the BLM.”